Las Méndez Group
Her fellow group members are María del Socorro F. Muños, who has been a vendor in the Eastern market since 1995; Miriam M. J., who started selling fruits and vegetables in 1990; and Esmilda del Carmen Martínez, who also sells perishable goods in this bustling market.
Sus compañeras de grupo son María del Socorro F. Muños comerciante del mercado oriental desde 1995, Miriam M. J. 1990 inicio a vender frutas y verduras y Esmilda del Carmen Martínez también comercializa perecederos en este populoso mercado.
About ADIMLocated in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid